Polyester chip Market Weekly Report

This week polyester slice market prices slide. As of This Thursday, polyester slice market in east China semi-light slice transaction center of gravity in 69-7050 yuan/ton; The average price for this week was 7110 yuan/ton, down 350 yuan/ton or 4.69% compared with last week. Polyester slice market in East China light slice transaction center of gravity in 7200-7400 yuan/ton; This week’s average price of 7390 yuan/ton, compared with last week’s average price

Down 305 yuan/ton, or 3.96%.

[Profit] This week polyester chip industry profits declined compared with last week. According to zhuochuang information polyester chip production cost calculation model, this week polyester chip comprehensive cash flow average loss of 36.02 yuan/ton.

[Supply] This week polyester chip load 86.25%, basically flat compared to last week.

[Demand] This week (March 11th — March 17th) the industry start-up load rate ran smoothly this week. As of March 17, polyester industrial silk industry start load rate near 60.1%.

Prediction:

In the short term, crude oil and polyester cost end are strong shock, there is certain support for the polyester market. Polyester slicing factory this week after a certain inventory pressure, but the inventory is within a reasonable range, downstream raw material inventory is at a high level and there is no great improvement in orders, next week or just need replenishment, so it is comprehensively expected that the reference range of polyester semi-light slicing or narrow center of gravity fluctuation is mainly discussed for next week is 6,800-7200 yuan/ton.

Risk factor: overnight crude oil terminal textile orders


Post time: Mar-25-2022